Resilience Capital Partners has closed its latest fund at its USD350 million hard cap. The target for Resilience Fund IV L.P. was USD300 million.
Investors of the over-subscribed fund include pension funds, insurance companies, foundations and endowments, fund of funds, wealth managers and investment consultants.
Cleveland-based Resilience Capital invests in lower middle market special situations, in businesses with USD25 to USD250 million in revenues. Griffin Financial Group acted as financial advisor and placement agent.